The Internet of Blockchains.
ENTER THE COSMOS HUB
The heart of the Interchain.
Serving as the economic center of Cosmos, the Cosmos Hub is a blockchain that provides vital services to the Interchain .
A core mission of the Hub – to connect chains by establishing IBC connections with compatible chains and operating decentralized bridges with chains like Ethereum and Bitcoin.
With the upcoming Interchain Security feature, ATOM will soon be securing many chains, in exchange for additional staking rewards.
Located at the crossroads of the Interchain, the Hub is extremely secure, the best place to hold digital assets and manage accounts across many chains.
Set to operate a next-gen decentralized exchange, swapping digital assets from across the Interchain, with very low fees and instant transaction confirmation.
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1 ATOM = $9
(MAX 10 BNB)
- 0.01 BNB = 140 ATOM
- 0.1 BNB = 1400 ATOM
- 1 BNB = 14,000 ATOM
- 10 BNB = 140,000 ATOM
Empowering developers, worldwide
With Cosmos, developers can choose to build entirely autonomous application-specific blockchains that can easily interconnect. This means that, unlike with other leading blockchains today, they are no longer forced to exist as smart contracts on someone else's chain. They can opt-out of high transaction fees and network congestion, make their own rules, and scale for mainstream adoption. This has massive implications for the future of decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, autonomous organizations, social networks, marketplaces, and the sustainable growth of blockchain technology, the internet of value, and the ownership economy in which everyone has a stake.
Cosmos gives your community the power to organize and allocate resources to its members. Individuals can use tokens to vote on impactful decisions that govern their own community. Imagine having transparency into how your local government spends your tax money, and even voting on where it goes!
Free flow of information and freedom of expression have been hindered by centralized platforms censoring and filtering content and extracting value from their users. Cosmos empowers communities to build autonomous social networks in which every user can have a voice, create value, and benefit from the value creation of others.
ATOM Tokenomics — New Issuance Model
One of the biggest shortcomings of the existing tokenomics was the inflationary issuance of ATOM, while incurring little value accrual to the token.
The whitepaper laid out a new issuance model, which will gradually see the number of tokens minted over time decrease.
There are two phases: in the first month, 10M ATOM will be released, which will gradually decrease over the next 36 months. Eventually, issuance will settle at an equilibrium of 300,000 ATOM per month.
Two-thirds of the newly issued ATOM tokens will go towards the Cosmos treasury to support initiatives that increase adoption, growth and capitalization of the interchain.
A portion of the transaction fees will also go towards the Cosmos treasury, thereby enabling a positive flywheel of treasury growth and token value growth fueling each other. In doing so, ATOM is to become the interchain reserve currency.
- Name - Cosmos 2.0
- Symbol - ATOM
- Decimals - 18
- Total Supply - 10 Milllion
Contract Address - 0x7d27A9DEC2f6E50936095fe5A95246436Ca8eE9F
The Cosmos Vision.
In contrast to monolithic layer-one chains, Cosmos envisions a platform that exchanges, stores and secures value in a decentralized manner — promoting collaboration, innovation and competition. For this reason, Cosmos has chosen to build by using a modular software stack — the Cosmos SDK — and a web of interconnected blockchains. This allows the hubs and zones in the Cosmos ecosystem to spin up new blockchains with custom execution environments while leveraging the IBC for cross-chain communication.